TRUMP faces crucial test! – A move to $10 will depend on…
2025-07-10 03:04:11
Main Idea
TRUMP's market outlook is uncertain due to whale activity, fluctuating inflows, and key price levels, with potential bullish or bearish triggers depending on market movements.
Key Points
1. A major whale accumulated 625,765 TRUMP tokens worth $5.33 million over 40 days but recently withdrew $1.7 million from OKX, facing nearly $1 million in unrealized losses.
2. TRUMP recorded $1.67 million in net inflows across major exchanges, a shift from previous neutral-to-negative netflows, indicating potential selling intent or short-term reaction.
3. TRUMP's price stabilized near $8.66, with resistance levels at $10.12, $13.06, and $14.35, while the MACD hinted at a potential bullish crossover.
4. Open Interest rose 5.79% to $376.78 million, and volume increased 3.51% to $348.79 million, suggesting growing participation but no clear directional confidence.
5. Short liquidations between $8.80 and $9.00 could trigger a bullish breakout, but weak support around $8.30 poses a risk if the price falls below this level.
Description
TRUMP’s outlook grows uncertain as whale moves, rising inflows, and leverage build pressure.
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